AP Equipment Financing has increased Q1 2024 funding volume by 16.3 percent, compared to Q1 in 2023. AP is projecting success in 2024 driven by industry expansions and targeted origination strategies. AP recently onboarded Mike Snyder as Senior...
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April 08, 2024, 07:23 AM
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AP Equipment Financing announced the addition of Alex Coveney as Executive Vice President of the newly established Fleet & Mobility Division. In addition to being tasked with developing value-added services throughout AP’s portfolio, the division...
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February 05, 2024, 07:23 AM
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AP Equipment Financing announced an expansion initiative designed to diversify and nurture its growing portfolio. In 2024, AP is placing a focus on expanding its towing and construction verticals with a concentrated effort on strengthening vendor...
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January 31, 2024, 07:23 AM
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The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024, according to the 2024 Equipment Leasing & Finance U.S. Economic Outlook. Real equipment and software investment growth is projected to be 2.2...
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December 20, 2023, 07:25 AM
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AP Equipment Financing announced the finalization of a $200 million credit facility from Wells Fargo. This strategic financial move comes as AP Equipment Financing is set to capitalize on increasing demand from customers and dealer partners alike.As...
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September 15, 2023, 07:15 AM
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AP Equipment Financing, a provider of specialized equipment financing, announced the expansion of its management teams with the appointment of four highly skilled and accomplished women.Jenifer Santoro was hired as the Senior Vice President of...
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May 26, 2023, 07:23 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Christopher A. Enbom, CEO & Chairman of AP Equipment Financing, to receive its 2023 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made...
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May 22, 2023, 07:25 AM
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AP Equipment Financing announced a new and exciting full-service step van lease program in partnership with Rush Truck Centers with all preventative maintenance performed right at the package and delivery contractor’s terminal. With this full...
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February 17, 2023, 07:15 AM
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AP Equipment Financing has hired Zack Marsh, CLFP, as Senior Vice President of Accounting and Analysis. In this role, Marsh will be responsible for managing the accounting and treasury operations of the organization including financial analysis...
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February 06, 2023, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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January 25, 2023, 07:22 AM
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AP Equipment Financing announced the company funded a record $327 million in 2022, representing a 38 percent year-over-year growth. This achievement is a result of the company's continued focus on its strategic plan to advance technologies, develop...
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January 12, 2023, 07:23 AM
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There is some exciting news coming from the National Equipment Finance Association’s most recent Funding Symposium held in Nashville! At this event, NEFA hosted its first ever charitable event to support nonprofit work outside of the industry and...
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November 15, 2022, 07:25 AM
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Northteq, Inc., a provider of Salesforce origination solutions, announced that Notarize, a leader in remote online notarization (RON) technology, has joined its growing list of fintech partners. The integration of Notarize within Northteq’s Aurora...
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November 03, 2022, 07:22 AM
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AP Equipment Financing was awarded “The Oregonian: 2022 Regional Top Workplace Award” and funded a record-breaking $92.5 million in the third quarter, a 46 percent year-over-year increase from Q3 2021."Over the past year, we have made strategic...
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October 05, 2022, 07:20 AM
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AP Equipment Financing expanded its current product offerings to include a wholesale flooring finance product for vendor and manufacturer partners and hired Mike Bransdorf to lead the program.“I am extremely excited to join the team at AP Equipment...
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August 15, 2022, 07:20 AM
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AP Equipment Financing in January 2022 introduced a CLFP Prep Program to both AP and Tokyo Century USA employees with the purpose to prepare and teach the CLFP exam content to those interested in getting their CLFP designation. AP formed a CLFP...
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July 22, 2022, 07:22 AM
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AP Equipment Financing funded $78.8 Million in Q2 2022, a 68 percent year-over-year increase from Q2 2021.In the month of June alone, AP posted a funding volume of $29.1 million. With continued momentum, AP is projecting another record-breaking year...
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July 12, 2022, 07:21 AM
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The Certified Lease & Finance Professional (CLFP) Foundation announced that 17 individuals who recently sat through the eight-hour online proctored CLFP exam, have passed. They are:
John Bender, CLFP – Assistant Vice President, Program Manager...
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June 27, 2022, 07:23 AM
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AP Equipment Financing funded a record $63.5 million in Q1, 50 percent year-over-year increase from Q1 2021. AP funded 906 transactions in Q1 2022, with an average transaction size of $70,040. “Our continued focus on providing superior personalized...
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April 12, 2022, 07:23 AM
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AP Equipment Financing has switched to use a remote online notarization (RON) for power of attorney and bills of sale documents during their customers’ transaction journey. This change to a RON will speed up the process of transactions for AP...
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February 14, 2022, 07:15 AM
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Every year, AP Equipment Financing encourages its team members to nominate their favorite charity for a charitable donation. AP wants to give back to organizations that their employees hold near and dear to their hearts, whether it is a local...
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January 24, 2022, 07:00 AM
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AP Equipment Financing funded a record $239 million in 2021, a 22 percent growth over 2020. AP’s growth came despite supply chain issues and equipment shortages that affected its vendors customers in 2021.AP Equipment Financing President Chris Lerma...
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January 05, 2022, 07:30 AM
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AP Equipment Financing announced a record-breaking quarter of funding volume in Q3 2021, funding a total of $64 million compared to $40.8 million in Q3 2020, representing a 57 percent growth. AP is excited to carry this momentum into Q4 and finish...
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October 13, 2021, 07:21 AM
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AP Equipment Financing is pursuing an initiative to provide competitive finance programs for package and delivery customers looking to acquire electric vehicles. To begin this initiative, AP will be providing finance solutions for SEA Electric’s...
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September 29, 2021, 07:20 AM
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AP Equipment Financing hired Brian Smith as Senior Vice President of Risk. With over 25 years of experience in various credit and syndication roles in the equipment finance industry, Smith will be responsible for growing AP's funding channels and...
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August 19, 2021, 07:00 AM
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Tokyo Century (USA) Inc., a wholly owned subsidiary of Tokyo Century Corporation, has appointed Chris Enbom, CLFP, as Chief Executive Officer as of April 1. Enbom is currently CEO of AP Equipment Financing, which was acquired by Tokyo Century (USA)...
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March 11, 2021, 07:23 AM
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AP Equipment Financing funded $197.3 million worth of equipment in 2020, representing a 17 percent growth over 2019. AP is proud of this growth during this challenging year and looks forward to 2021 to continue their momentum. Additionally, AP...
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January 06, 2021, 07:25 AM
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AP Equipment Financing has hired Alfred (Al) E. Steinhaus as a Senior Vice-President of Development & Sales. Steinhaus has more than 35 years of experience in banking and equipment finance at prominent finance companies including The...
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October 08, 2020, 07:25 AM
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LTi Technology Solutions, a provider in equipment finance software solutions, congratulates its nearly 40 customers who were recently included in the 2020 Monitor 100. Every year this list ranks participants according to categories such as market...
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September 02, 2020, 07:20 AM
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AP Equipment Financing and Bandit Industries have teamed up to introduce an opportunity for arborists to receive special financing programs for Bandit equipment, which includes chippers, stump grinders, tracked carriers and more.AP Equipment...
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August 05, 2020, 07:17 AM
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Navigating the complexities of lending through the COVID-19 pandemic, AP Equipment Financing funded $62.5 million worth of equipment in the second quarter 2020, representing a 49 percent growth over Q2 2019. AP financed $99.5 million year to date...
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July 14, 2020, 07:25 AM
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AP Equipment Financing has closed a $110 million line of credit with the Lender Finance division of Wells Fargo Commercial Capital.“We are very pleased to be working with Wells Fargo. This is an important step in continuing to expand the activities...
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March 10, 2020, 07:28 AM
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Tokyo Century (USA) Inc. announced it has acquired 100 percent of the capital stock of Allegiant Partners Incorporated DBA AP Equipment Financing, an independent specialty finance and leasing company based in Bend, OR.
Allegiant has a strong...
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November 27, 2019, 07:30 AM
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AP Equipment Financing announced it has been listed at No. 90 on The Monitor’s Top 100 Equipment Finance Companies. This comes as AP closed a record-setting second quarter in 2019 having funded $43.9 million, representing a 38.9 percent growth over...
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July 31, 2019, 06:00 AM
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AP Equipment Financing announced it has set another financing volume record for the first quarter of 2019. AP closed 2019 Q1 funding $32.7 million of equipment to small and medium-sized businesses across the United States. This funded volume...
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May 16, 2019, 07:14 AM
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Allegiant Partners Incorporated, dba AP Equipment Financing, announced the change of its corporate headquarters from Walnut Creek, CA to Bend, OR. “We opened an office in Bend several years ago with one person. Due to its great weather, good schools...
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February 14, 2019, 07:09 AM
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LiDARUSA announced it is now offer leasing options to qualifying U.S. buyers with Allegiant Partners, Inc.California-based Allegiant Partners., which does business as AP Equipment Financing, was founded in 1998 to serve small businesses by lessening...
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December 27, 2018, 07:10 AM
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AP Equipment Financing announced the successful implementation of DocuSign electronic documents and eOriginal document vaulting.
DocuSign and eOriginal, are industry leaders in digital signature authentication and electronic document management...
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May 18, 2017, 06:38 AM
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AP Equipment Financing announced the hiring of Nick Gibbens as Senior Vice President of Vendor Finance. Gibbens will be responsible for the exploration and development of new market segments to AP. Gibbens' primary objective is the establishment of...
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April 05, 2017, 07:01 AM
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AP Equipment Financing announced the hiring of David Jueschke as Senior Manager of Collections and Customer Service. “David is a seasoned manager of customer service, recovery and loss mitigation, collection, investigation, litigation, bankruptcy and...
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October 14, 2016, 07:04 AM
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